The price of both single and three-phase electricity meters has been increased by the Federal Government.
According to the federal government, the increase in the price of the meters will become effective from November 15, 2021.
According to a circular dated November 11, 2021, and issued by the Nigerian Electricity Regulatory Commission (NERC), the price of a single-phase meter has been increased from the current cost of N44,896.17 to a revised price of N58,661.69.
The circular added that the price of a three-phase meter from the current cost of N82,855.19 to a revised rate of N109,684.36.
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